Morning wrap: BTC at $78.5K, $1.53B liquidated, Kalshi raises $1B
- —24-hour liquidations totaled $1.53B, with $1.28B in longs
- —HYPE gained 17.71% on the day; BNB fell 5.01%, CRV 16.82%
- —Kalshi raised $1B at a $40B valuation
- —Public companies now account for 16% of blockchain industry revenue, per 1kx
Why it matters: Sentiment sits in fear after the Binance hack, while Kalshi's raise signals demand for prediction markets beyond crypto.
Source: BeInCrypto RU